Absorbent Glass Mat (AGM) Battery Market Report 2025 – Size and Demand Analysis
What are the recent trends in market size and growth for the absorbent glass mat (agm) battery market?
The absorbent glass mat (AGM) battery market size has grown steadily in recent years. It will grow from $13.83 billion in 2024 to $14.48 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to increased demand for portable power, growth in automotive applications, expansion of renewable energy storage, telecommunications infrastructure growth, environmental regulations, and lead-acid battery recycling.
The absorbent glass mat (AGM) battery market size is expected to see steady growth in the next few years. It will grow to $17.19 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to the growth of electric vehicles, industrial automation, and robotics, data centers and cloud computing, renewable energy storage expansion, global economic growth, and urbanization. Major trends in the forecast period include growth in renewable energy integration, rise in residential energy storage solutions, increased demand in industrial applications, military and aerospace sector growth, and smart grid and energy management systems.
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How have varous drivers impacted the growth of the absorbent glass mat (agm) battery market?
An expanding infrastructure of data centers is expected to propel the growth of the absorbent glass mat (AGM) battery market going forward. A data center refers to a physical space that is used to store and manage data for a variety of purposes, such as the development of new products and services as well as the maintenance and repair of existing ones. The expanding infrastructure of data centers is driven by the increasing demand for data storage, processing, and management due to the growth of digital services and cloud computing. Absorbent glass mat (AGM) batteries are used in data centers for their reliability, maintenance-free operation, and ability to deliver high power quickly, which is crucial for backup and uninterruptible power supplies (UPS). For instance, in May 2024, according to the Linklaters LLP, a UK-based law firm, in the first five months of 2024, global investment in data centres reached $22 billion, building on a remarkable year in 2023, which saw a substantial $36 billion invested in the sector. Therefore, the expanding infrastructure of data centers is driving the growth of the absorbent glass mat (AGM) battery market.
What are the primary segments of the absorbent glass mat (agm) battery market?
The absorbent glass mat (AGM) battery market covered in this report is segmented –
1) By Type: Stationary, Motive
2) By Voltage: 2-4 Volts, 6-8 Volts, 12 Volts And Above
3) By Application: Automotive, UPS (Uninterruptible Power Supply), Industrial, Energy Storage, Other Applications
4) By End User: OEM (Original Equipment Manufacturers), Aftermarket
Subsegments:
1) By Stationary: Backup Power Systems (Uninterruptible Power Supplies - Ups), Renewable Energy Storage (Solar Or Wind Energy Systems), Telecom And Data Center Power Backup, Emergency Lighting Systems, Power Supply For Industrial Equipment, Grid Energy Storage Solutions
2) By Motive: Electric Vehicles (Evs), Golf Carts And Mobility Scooters, Forklifts And Warehouse Equipment, Marine Applications (Boats, Yachts), Recreational Vehicles (Rvs)
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Absorbent Glass Mat (AGM) Battery Market Report 2025, Size And Demand Analysis
Which firms are leading the absorbent glass mat (agm) battery market?
Major companies operating in the absorbent glass mat (AGM) battery market are Robert Bosch LLC, Universal Power Group, Camel Group Co. Ltd, Clarios, GS Yuasa International Ltd., Exide Technologies, East Penn Manufacturing Company, leoch International Technology Limited Inc, Hollingsworth and Vose, FIAMM Energy Technology S.p.A, C and D Technologies Inc., Shandong Sacred Sun Power Sources Co.ltd., HOPPECKE Batterien GmbH and Co. KG, CROWN BATTERY, Trojan Battery Company, Power Sonic Corporation, Mutlu Akü, Guangdong Dynavolt Power Technology, Surrette Battery's, Renogy, Battery Tender, Optima Batteries, Fullriver Battery, Vision Group SpA, Banner Batterien
How will industry trends affect the trajectory of the absorbent glass mat (agm) battery market?
Major companies operating in the absorbent glass mat (AGM) battery market are focusing on developing advanced batteries, such as dual AGM batteries, to enhance performance, extend lifespans, and meet the increasing demand for reliable and efficient energy storage solutions. Dual AGM batteries refer to advanced absorbent glass mat (AGM) batteries designed with dual-purpose capabilities. For instance, in July 2023, GS Yuasa Corporation, a Japan-based battery manufacturing company, introduced two new marine dual AGM batteries, the M24-AGM and M28-AGM, expanding their popular YBX Active Marine range. These batteries are designed to address both starting and auxiliary power needs for motorboats, sailboats, yachts, and other watercraft, delivering high performance and reliability. This innovative battery solution is tailored to the demands of the marine environment, offering enhanced performance and reliability for boat owners and enthusiasts.
Which geographic trends are shaping the absorbent glass mat (agm) battery market, and which region has the highest market share?
Asia-Pacific was the largest region in the absorbent glass mat (AGM) battery market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the absorbent glass mat (AGM) battery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Absorbent Glass Mat (AGM) Battery Market Report 2025 Offer?
The absorbent glass mat (agm) battery market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An absorbent glass mat (AGM) battery is a type of lead-acid battery in which the electrolyte is absorbed into a fiberglass mat. This design makes the battery spill-proof, enhances its charge and discharge efficiency, and provides better performance under demanding conditions. AGM batteries are commonly used in vehicles, uninterruptible power supplies (UPS), and other applications requiring reliable power.
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Absorbent Glass Mat (AGM) Battery Market Report 2025, Size And Demand Analysis
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